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Progress Capital arranges $53M refinancing for luxury complex Lotus 315

Progress Capital arranges $53M refinancing for luxury complex Lotus 315
njbiz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from njbiz.com Daily Mail and Mail on Sunday newspapers.

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OneWall secures $76M loan for suburban multifamily acquisition

Stamford, CT-based OneWall Partners secured $76 million in acquisition financing for its purchase of two suburban multifamily communities.
Brad Domenico, Partner at Progress Capital arranged the loans from Arbor Commercial Mortgage through Fannie Mae’s SARMS product.
OneWall Partners secured a $50,985,000 acquisition loan to purchase a 39-acre site located at 37 Alberge Lane, formerly Whispering Woods (pictured top). The property has been rebranded Hopkins Point, is 98 percent occupied and contains 524 market-rate townhomes featuring one, two and three-bedroom units.
Domenico also arranged a $25,106,000 acquisition loan for the purchase Oak Grove Apartments & Townhomes located at 303 Holly Drive. The 17-acre property is 94 percent occupied and is comprised of 22 market-rate apartment buildings with 259 units, plus 88 townhomes. ....

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Natixis antes up another $32M for NJ investor | Real Estate Weekly

Brad Domenico brokers second loan for ERCT Capital ....

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OneWall closes on $100M in suburban multifamily acquisitions

Stamford, CT-based OneWall Partners has acquired two suburban multifamily communities in separate deals totaling nearly $100 million.
It has bought the newly rebranded Hopkins Point (pictured top), formerly Whispering Woods, a suburban Baltimore rental property for $66 million from the Kushner Cos. The 39-acre property is 98 percent occupied and consists of 524 market-rate townhomes.
Oak Grove Apartments
And it has acquired Oak Grove Apartments & Townhomes, also
in suburban Baltimore, for $32.5 million from Morgan Properties, the nation’s
largest private multifamily housing owner. The 17-acre property is 94
percent-occupied and consists of 22 market-rate apartment buildings with 259
apartments, plus 88 townhomes.
The acquisition of Hopkins Point is the firm’s first ....

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ERCT Capital Buys Bloomfield, NJ Office Complex

450 West 31st Street, New York, NY 10001 Phone: 212-260-1332
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